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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: CookiePuss who wrote (45806)	10/11/2001 1:54:40 PM
From: shoreco	Respond to of 100058

CookiePuss, I'm short a little S&P from the pop, We are way overbought right now. I can't see us blowing through the 50's w/out some sort of retracement.....I did want to go long at the open, but I chickened out.. I'll sit and wait and cover if I have too... I'm still up for now.

To: CookiePuss who wrote (45806)	10/11/2001 2:44:29 PM
From: bcrafty	Read Replies (1) \| Respond to of 100058

Cookie - no, but I made money the other way As I said I would last night, I shorted the gap up around 10:00 and made 1.4 nuts on IDPH , .4 on JNPR and .7 on BRCD. I had to leave to go to court at 1:30 and therefore missed this afternoon's dump. My finger was on the sell button for IDPH @54.7 right before I left, but I chickened out. I made no long trades today. When this rally eventually quits I feel it will quit hard. I like the info contained in Joan P's post earlier about don't be short, don't be long (for very long).